Current through Pub. L. 119-100Open in workspace

§ 7270 Insurance policies

Any person who fails to comply with the requirements of section (relating to liability for tax on policies issued by foreign insurers), with intent to evade the tax shall, in addition to other penalties provided therefor, pay a fine of double the amount of the tax.

(Aug. 16, 1954, ch. 736, 68A Stat. 865; Pub. L. 94–455, title XIX, § 1904(b)(5)(A), Oct. 4, 1976, 90 Stat. 1815.)

Operative text only. Editorial notes, amendment history, and effective dates: official OLRC text of § 7270

Source: decipher.legal/usc/26/7270 · Internal Revenue Code, current through Pub. L. 119-100 (OLRC XML of 2026-04-17)